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KopenTech’s KTX DirectBidding will likely compete with Octaura Holdings, an upcoming electronic trading platform for syndicated loans and CLOs.

This year’s stress-test results show large banks have more than enough capital to deal with a major economic crisis, but their capital requirements will likely go up anyway. That has some observers and industry officials concerned credit will tighten even as the economy teeters on the edge of recession.

The Consumer Financial Protection Bureau’s unified agenda was quietly released this week, and it shows that rules on consumer access to financial records and small-business data collection are top priorities. 

Upstart does not maintain exposure to loans’ credit risk to the same extent as other ABS, making underperformance more likely to negatively influence confidence.

The mall’s value sank some 80% to just $147 million in an appraisal last year. Destiny was slammed by the usual suspects that have hurt malls broadly.

Pushes for transparency on charitable donations and ghost guns, among others, were voted down.

Observers did not raise alarms about SLABS’ immediate or near-term performance, but the notes’ underlying loans are expected to stay resilient.

Industry leaders suggested they’ve "never felt so worried at a time when everything feels so good otherwise," said Chris Herbert, managing director of the Joint Center for Housing Studies of Harvard University.

Recent remarks from Federal Reserve Chair Powell suggest more upward movement is ahead.

Bond investors may already be pricing in the peak of the US rate cycle as concerns about a downturn mount, according to Steven Major, global head of fixed income research at HSBC.